Flag Ship Acquisition Corporation Enters Definitive Merger Agreement with Bluechip & Co. Holdings in $400 Million SPAC Deal

Flag Ship Acquisition Corporation (NASDAQ: FSHP), a special purpose acquisition company, announced a definitive Agreement and Plan of Merger with Bluechip & Co. Holdings for an all-stock business combination valued at $400 million. The transaction will result in Bluechip becoming a publicly traded parent company listed on The Nasdaq Capital Market.